Bitcoin “People’s Money” is Going to Take Out the Scam “US Dollar”: Rich Dad, Poor Dad Author
The world-renowned author of “Rich Dad, Poor Dad”, Robert Kiyosaki is saying the biggest economic crash is coming just like a number of other experts like Goldman Sachs and Bill Gates. He further says Dollar is toast while Gold and Silver, and cryptocurrencies – the people’s money are going to take out the “scam” US Dollar.
The biggest economic crash is impending
Robert Kiyosaki, the world-renowned author of the book “Rich Dad, Poor Dad” that has over 32 million copies sold, is warning that an economic crash like never seen before is coming up. Though he says he can’t predict when this crash will happen, the market is already started feeling the ripples.
According to him, the “foreshocks are sounding right now”, which means it might happen sooner than later. Talking about the crash, he shares:
“Unfortunately we had a big crash in 2000, they called it the dotcom crash, then in 2008 it was the subprime real estate crash. The next is going to be the biggest of all.”
He also commented on the fiat money that is constantly printed by the US that only inflates the bubble, stating:
“In 1971 Nixon took the dollar off the gold standard and the US dollar became fake money. The problem is it also became invisible, so they could print as much as they wanted. That’s why savers got wiped out.”
The best counter to this crash explained by him is to invest in gold or silver coins as when “dollar goes down, gold goes up”.
Also, read: SEC Making Efforts to Understand Crypto Market,